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Filing year 2024

WELLSPRING HOUSE INC

Gloucester, Massachusetts·EIN 04-2735048·NTEE P430 · Human Services·501(c)(3)
Total revenue
$4.8M
Total assets
$3.7M
Total expenses
$4.4M
Reported officers
16
Mission

WELLSPRING INSPIRES FAMILIES AND ADULTS ON THE NORTH SHORE TO ACHIEVE EMPLOYMENT AND FINANCIAL SECURITY THROUGH STABLE HOUSING, EDUCATION, JOB TRAINING AND CAREER READINESS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Human Services organizations in Massachusetts.

President and Executive Director
Median to 75th percentile
$138k
$148k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WELLSPRING HOUSE INC equaled 3% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2024)
3%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 17%
over 2 years

From $118k in 2022 to $138k in 2024.

$118k
2022
$133k
2023
$138k
2024
In today's dollarsEst.
Up 9% in real terms$135k to $148k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 17% from 2022 to 2024, while revenue rose 61%.

$118k in 2022 to $138k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WELLSPRING HOUSE INC

What does the Chief Executive Officer of WELLSPRING HOUSE INC earn?

In 2024, the Chief Executive Officer of WELLSPRING HOUSE INC received $138,254 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WELLSPRING HOUSE INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at WELLSPRING HOUSE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at WELLSPRING HOUSE INC equaled 3% of the organization's total expenses. The median for human services organizations is 8%.

What are WELLSPRING HOUSE INC's revenue and expenses?

In 2024, WELLSPRING HOUSE INC reported $4.8M in total revenue and $4.4M in total expenses on its IRS Form 990.

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